HICP flash estimate: prices down by 0.5% in November
According to the preliminary estimate of Statistics Estonia, in November 2025, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists, decreased by 0.5% compared with October. Compared with November last year, the HICP rose by 4.7%. This is a flash estimate, which will be refined once more detailed data on November prices are received.
In the third quarter, exports of services grew by 12% and imports by 13%
According to Statistics Estonia and Eesti Pank, in the third quarter of 2025, Estonia’s exports of services grew by 12% and imports by 13%. Exports of services amounted to slightly more than 3.6 billion euros and imports to nearly 2.8 billion euros at current prices. The surplus of foreign trade in services was 834 million euros, which is 60 million euros more than in the same quarter last year.
The economy continued to grow slightly in Q3
According to Statistics Estonia, in the third quarter of 2025, the gross domestic product (GDP) increased by 0.9% compared with the same period of 2024. The GDP at current prices amounted to €10.5 billion in the third quarter. Economic growth continued at the same pace as in the previous quarter.
Volume of retail trade turnover continued to grow in October
According to Statistics Estonia, in October 2025, the turnover of retail trade enterprises was €941 million. Compared with October 2024, the volume of retail trade turnover was up by 4%.
Average wages and salaries were €2,075 in the third quarter
According to Statistics Estonia, in the third quarter of 2025, the average monthly gross wages and salaries were €2,075, which is 5.9% higher than in the third quarter of 2024. Year-on-year wage growth slowed down.
Construction volume in the third quarter up on the domestic market, down abroad
According to Statistics Estonia, in the third quarter of 2025, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 0.6% compared with the third quarter of 2024. On the domestic construction market, however, the rise in construction volume was 0.4%.